Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: October 21, 2010
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For release at
4:30 P.M. EDT
October 21, 2010

The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions
and Condition Statement of Federal Reserve Banks," has been modified to reflect the recent
expansion of the set of counterparties with whom the Federal Reserve might conduct reverse
repurchase agreements for the purposes of open market operations.  (See 
http://www.ny.frb.org/markets/rrp_counterparties.html).  As a result of this expansion, the line
"Dealers" under the heading "Reverse repurchase agreements" will be replaced with "Others" in
table 1.  Currently, the set of counterparties in the "Others" category is primary dealers and an
eligible set of money market funds.

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             October 21, 2010
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Oct 20, 2010
Federal Reserve Banks                                     Oct 20, 2010 Oct 13, 2010 Oct 21, 2009
 
Reserve Bank credit                                        2,283,777   -    9,375   +  112,077    2,287,900
  Securities held outright (1)                             2,044,742   -    8,504   +  366,857    2,048,615
    U.S. Treasury securities                                 824,964   +    3,813   +   51,488      832,121
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           758,700   +    3,799   +   54,037      765,851
      Notes and bonds, inflation-indexed (2)                  42,318            0   -    2,325       42,318
      Inflation compensation (3)                               5,523   +       14   -      225        5,529
    Federal agency debt securities (2)                       151,904   -    1,652   +   14,038      150,743
    Mortgage-backed securities (4)                         1,067,874   -   10,665   +  301,331    1,065,751
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  155,441            0
  Other loans                                                 48,582   -      539   -   59,587       48,284
    Primary credit                                                32   +       17   -   23,808           20
    Secondary credit                                               0            0   -      424            0
    Seasonal credit                                               45   -       10   -       32           39
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0            0            0
    Credit extended to American International
       Group, Inc., net (6)                                   19,607   -      189   -   21,354       19,326
    Term Asset-Backed Securities Loan Facility (7)            28,899   -      356   -   13,968       28,899
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -   39,812            0
  Net portfolio holdings of Maiden Lane LLC (9)               27,953   -      558   +    1,587       27,886
  Net portfolio holdings of Maiden Lane II LLC (10)           15,677   +        3   +    1,210       15,684
  Net portfolio holdings of Maiden Lane III LLC (11)          22,835   +       46   +    2,605       22,844
  Net portfolio holdings of TALF LLC (12)                        601            0   +      601          601
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (13)                                        26,057            0   +   26,057       26,057
  Float                                                       -1,705   +       26   +      119       -1,742
  Central bank liquidity swaps (14)                              560   +      500   -   41,077          560
  Other Federal Reserve assets (15)                           98,475   -      349   +    8,957       99,111
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (16)                            43,420   +       14   +      816       43,420

Total factors supplying reserve funds                      2,343,438   -    9,361   +  112,894    2,347,561
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Oct 20, 2010
Federal Reserve Banks                                     Oct 20, 2010 Oct 13, 2010 Oct 21, 2009
 
Currency in circulation (16)                                 961,745   -      327   +   46,185      962,429
Reverse repurchase agreements (17)                            61,696   -       25   -    2,111       58,560
  Foreign official and international accounts                 60,808   -      913   -    2,999       56,490
  Others                                                         889   +      889   +      889        2,070
Treasury cash holdings                                           235   +       10   -       66          226
Deposits with F.R. Banks, other than reserve balances        264,052   +   30,437   +  109,343      262,037
  Term deposits held by depository institutions                5,113            0   +    5,113        5,113
  U.S. Treasury, general account                              49,934   +   27,154   -   33,527       52,223
  U.S. Treasury, supplementary financing account             199,962            0   +  134,982      199,962
  Foreign official                                             1,380   -       15   -      275        1,656
  Service-related                                              2,399   -        1   -      996        2,399
    Required clearing balances                                 2,399   -        1   -      996        2,399
    Adjustments to compensate for float                            0            0            0            0
  Other                                                        5,265   +    3,300   +    4,046          682
Other liabilities and capital (18)                            72,508   -      489   +   10,377       71,624

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,360,236   +   29,606   +  163,728    1,354,876

Reserve balances with Federal Reserve Banks                  983,202   -   38,967   -   50,834      992,685
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
9.  Refer to table 4 and the note on consolidation accompanying table 10.
10. Refer to table 5 and the note on consolidation accompanying table 10.
11. Refer to table 6 and the note on consolidation accompanying table 10.
12. Refer to table 7 and the note on consolidation accompanying table 10.
13. Refer to table 8.
14. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market
    exchange rate used when the foreign currency was acquired from the foreign central bank.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
18. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Oct 20, 2010
Memorandum item                                           Oct 20, 2010 Oct 13, 2010 Oct 21, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,281,131   +   14,086   +  393,925    3,281,894
  U.S. Treasury securities                                 2,547,352   +   29,463   +  423,196    2,548,943
  Federal agency securities (2)                              733,779   -   15,377   -   29,272      732,951
Securities lent to dealers                                     5,815   -    1,684   -    1,593        4,694
  Overnight facility (3)                                       5,815   -    1,684   -    1,593        4,694
    U.S. Treasury securities                                   4,339   -    1,466   -    2,476        3,536
    Federal agency debt securities                             1,476   -      218   +      883        1,158
  Term facility (4)                                                0            0            0            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,   October 20, 2010
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Other loans (1)                               58            2            0       48,225            0           ...       48,284
U.S. Treasury securities (2)
  Holdings                                18,034       15,883       48,851      359,911      246,208       143,234      832,121
  Weekly changes                      +    5,316   -    4,454   -    1,441   +    4,180   +    7,242    +      121   +   10,965
Federal agency debt securities (3)
  Holdings                                 1,062        3,796       38,217       73,522       31,799         2,347      150,743
  Weekly changes                      -    1,439   +      446   +      154   +      347   -      947             0   -    1,439
Mortgage-backed securities (4)
  Holdings                                     0            0            0           27           21     1,065,702    1,065,751
  Weekly changes                               0            0            0   -        1            0    -   12,788   -   12,788
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)             560            0            0            0            0             0          560

Reverse repurchase agreements (6)         58,560            0          ...          ...          ...           ...       58,560
Term deposits                              5,113            0            0          ...          ...           ...        5,113
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
   LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
   under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency
   is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was
   acquired from the foreign central bank.

 
3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 20, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,065,751

Commitments to buy mortgage-backed securities (2)                                                                              0
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  1
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls,
   and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 20, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             27,886

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 26,973
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         578
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,301
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of
section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to
manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets.
Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses
of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to
JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 20, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,684

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 13,452
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         418
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,064
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential
mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group,
Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred
payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 20, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         22,844

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 14,290
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         510
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,331
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2010. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair
   value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the
authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector
collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written
credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the
related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the
following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to
AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

 
7. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 20, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       601
Net portfolio holdings of TALF LLC                                                                                           601

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        105
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities
   and accrued dividends in table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Oct 20, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          26,057
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                         71

Preferred interests in AIA Aurora LLC (1)                                                                                 16,676
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                                46

Preferred interests in ALICO Holdings LLC (1)                                                                              9,380
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            26
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Oct 20, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 13, 2010 Oct 21, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,146    +       40   +      121
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,096,899    -    4,316   +  143,809
    Securities held outright (1)                                         2,048,615    -    3,262   +  358,420
      U.S. Treasury securities                                             832,121    +   10,965   +   58,635
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       765,851    +   10,950   +   61,188
        Notes and bonds, inflation-indexed (2)                              42,318             0   -    2,325
        Inflation compensation (3)                                           5,529    +       15   -      229
      Federal agency debt securities (2)                                   150,743    -    1,439   +   10,902
      Mortgage-backed securities (4)                                     1,065,751    -   12,788   +  288,883
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  155,440
    Other loans                                                             48,284    -    1,054   -   59,171
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0   -   39,429
  Net portfolio holdings of Maiden Lane LLC (7)                             27,886    -      633   +    1,488
  Net portfolio holdings of Maiden Lane II LLC (8)                          15,684    +        8   +    1,208
  Net portfolio holdings of Maiden Lane III LLC (9)                         22,844    +       10   +    2,607
  Net portfolio holdings of TALF LLC (10)                                      601             0   +      601
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      26,057             0   +   26,057
  Items in process of collection                             (95)              351    -      102   -      185
  Bank premises                                                              2,225    +        1            0
  Central bank liquidity swaps (12)                                            560    +      500   -   41,077
  Other assets (13)                                                         96,835    -      203   +    8,856

Total assets                                                 (95)        2,308,326    -    4,693   +  104,058
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Oct 20, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Oct 13, 2010 Oct 21, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         921,378    -    1,202   +   46,055
  Reverse repurchase agreements (14)                                        58,560    -    1,413   -    5,048
  Deposits                                                    (0)        1,254,670    -      560   +   53,613
    Term deposits held by depository institutions                            5,113             0   +    5,113
    Other deposits held by depository institutions                         995,033    -   33,738   -   64,536
    U.S. Treasury, general account                                          52,223    +   36,586   -   21,507
    U.S. Treasury, supplementary financing account                         199,962             0   +  134,982
    Foreign official                                                         1,656    +      441   -      111
    Other                                                     (0)              682    -    3,849   -      329
  Deferred availability cash items                           (95)            2,093    -    1,237   -      491
  Other liabilities and accrued dividends (15)                              15,126    +      105   +    4,612

Total liabilities                                            (95)        2,251,827    -    4,307   +   98,741

Capital accounts
  Capital paid in                                                           26,701    +        6   +    1,779
  Surplus                                                                   25,892    +        6   +    4,494
  Other capital accounts                                                     3,905    -      398   -      957

Total capital                                                               56,499    -      385   +    5,317
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to
   table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation accompanying table 10.
8. Refer to table 5 and the note on consolidation accompanying table 10.
9.  Refer to table 6 and the note on consolidation accompanying table 10.
10. Refer to table 7 and the note on consolidation accompanying table 10.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 10.


 
10. Statement of Condition of Each Federal Reserve Bank,   October 20, 2010
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,146          64          77         168         158         317         202         328          34          61         155         227         355
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,096,899      51,844     884,168      47,851      69,603     233,315     193,860     154,443      52,770      28,067      70,285      86,029     224,665
    Securities held outright (1)             2,048,615      51,844     835,943      47,841      69,603     233,315     193,856     154,438      52,769      28,045      70,276      86,022     224,664
      U.S. Treasury securities                 832,121      21,058     339,549      19,432      28,272      94,770      78,742      62,731      21,434      11,392      28,545      34,941      91,255
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    813,698      20,592     332,032      19,002      27,646      92,671      76,998      61,342      20,959      11,139      27,913      34,168      89,235
      Federal agency debt securities (2)       150,743       3,815      61,511       3,520       5,122      17,168      14,264      11,364       3,883       2,064       5,171       6,330      16,531
      Mortgage-backed securities (4)         1,065,751      26,971     434,883      24,888      36,210     121,378     100,849      80,343      27,452      14,590      36,560      44,751     116,877
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 48,284           0      48,225          10           0           0           4           6           1          22          10           6           1
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               27,886           0      27,886           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            15,684           0      15,684           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           22,844           0      22,844           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          601           0         601           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                26,057           0      26,057           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   446          13           0          69         122           7          67          40          17          14          26          40          31
  Bank premises                                  2,225         127         255          69         141         239         218         210         135         108         265         247         213
  Central bank liquidity swaps (12)                560          21         163          61          42         156          35          14           5          16           5           8          37
  Other assets (13)                             96,835       2,780      36,385       4,574       4,372      15,444       8,248       5,880       2,072       1,728       2,620       3,319       9,414
  Interdistrict settlement account                   0   +   2,608   + 127,864   +  25,430   -  19,218   -  14,636   -  41,686   -  35,125   -  12,846   -   2,403   -  17,852   -   2,117   -  10,021

Total assets                                 2,308,420      58,022   1,147,840      78,836      55,921     236,099     162,981     127,101      42,661      27,883      55,953      88,686     226,438
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Statement of Condition of Each Federal Reserve Bank,   October 20, 2010 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,130,880      40,920     388,106      45,701      45,941      89,336     144,286      87,372      32,796      20,071      33,668      76,663     126,021
    Less: Notes held by F.R. Banks             209,502       4,236      83,124       5,521       8,350      14,149      27,203      12,848       4,523       5,986       3,493      12,046      28,024
      Federal Reserve notes, net               921,378      36,684     304,983      40,180      37,591      75,188     117,083      74,524      28,273      14,084      30,176      64,616      97,997
  Reverse repurchase agreements (14)            58,560       1,482      23,896       1,368       1,990       6,669       5,541       4,415       1,508         802       2,009       2,459       6,422
  Deposits                                   1,254,670      17,675     791,694      31,130      11,672     140,674      36,465      46,159      12,148      10,902      22,989      20,394     112,767
    Term deposits held by depository
       institutions                              5,113          50       3,573           0          10          63           2         103          28           2          18           5       1,260
    Other deposits held by depository
       institutions                            995,033      17,614     534,066      31,126      11,658     140,456      36,461      45,787      12,118      10,899      22,970      20,388     111,489
    U.S. Treasury, general account              52,223           0      52,223           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,962           0     199,962           0           0           0           0           0           0           0           0           0           0
    Foreign official                             1,656           1       1,628           4           3          11           2           1           0           1           0           1           3
    Other                                          682          10         241           0           1         144           0         268           2           0           1           0          15
  Deferred availability cash items               2,188          90           0         224         512          92         118         161          58         322         106         100         404
  Other liabilities and accrued
     dividends (15)                             15,126         202      11,363         242         263         752         519         424         187         143         191         265         576

Total liabilities                            2,251,922      56,133   1,131,935      73,145      52,027     223,375     159,726     125,683      42,174      26,254      55,471      87,834     218,166

Capital
  Capital paid in                               26,701         916       7,665       2,829       1,924       5,434       1,552         663         215         807         225         400       4,071
  Surplus                                       25,892         946       7,687       2,804       1,911       7,141       1,581         621         239         712         210         353       1,688
  Other capital                                  3,905          28         553          57          60         149         122         134          33         111          48          98       2,513

Total liabilities and capital                2,308,420      58,022   1,147,840      78,836      55,921     236,099     162,981     127,101      42,661      27,883      55,953      88,686     226,438
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

10. Statement of Condition of Each Federal Reserve Bank,   October 20, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. Refer to table 8.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of
the LLCs, are included in other liabilities in this table (and table 1 and table 9).

 
11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Oct 20, 2010 
 
Federal Reserve notes outstanding                                                          1,130,880
  Less: Notes held by F.R. Banks not subject to collateralization                            209,502
    Federal Reserve notes to be collateralized                                               921,378
Collateral held against Federal Reserve notes                                                921,378
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   905,141
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,048,615
  Less: Face value of securities under reverse repurchase agreements                          54,944
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,993,672
 
Note: Components may not sum to totals because of rounding.

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,
   compensation to adjust for the effect of inflation on the original face value of inflation-indexed
   securities, and cash value of repurchase agreements.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.

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